ROLAND & RUBY HOLDEN FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: ROLAND & RUBY HOLDEN FOUNDATION (EIN 42-1410022)
Tax period: 2019-07-01 to 2020-06-30
Filed: 2020-11-12
IRS object ID: 202043179349102369
Schema version: 2019v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Land Schedule2
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Increases Schedule
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-11-12T14:16:42-06:00	ReturnTs
Tax Period End	2020-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	420714325	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RSM UP LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	201 FIRST STREET SE SUITE 800	AddressLine1Txt
City	CEDAR RAPIDS	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	52401	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2019-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	421410022	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ROLAND & RUBY HOLDEN FOUNDATION	BusinessNameLine1Txt
Business Name Line2	C/O RICHARD W GEORGE	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	ROLA	BusinessNameControlTxt
Phone	3194994201	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 236	AddressLine1Txt
City	MOUNT VERNON	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	52314	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	RICHARD GEORGE	PersonNm
Person Title	EXECUTIVE DIRECTOR	PersonTitleTxt
Phone	3194994201	PhoneNum
Signature	2020-11-11	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	CARLEY LANE	PreparerPersonNm
PTIN	P00982177	PTIN
Phone	3192985333	PhoneNum
Preparation	2020-11-11	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	66.98.98.134	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-11-11	IPDt
IP Tm	17:13:59	IPTm
IP Timezone	CS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	BDF201A2B9AD14F075E6102FDA32431578FD8829	AtSubmissionCreationDeviceId
At Submission Filing Device Id	A57D8E88FA5E22D61C76A627600F0C8E385C8FF1	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2021-04-22 16:20:28Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$27,172,868	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$616,317	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$616,317	DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss	$45,000	GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm	$45,000	GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss	$39,554	NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss	$39,777	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$6,484,260	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$39,777	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$701,094	TotalRevAndExpnssAmt
Total Net Invst Incm	$701,094	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$37,050	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$3,705	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$33,345	CompOfcrDirTrstDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$15,921	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$1,592	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$14,329	PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss	$2,802	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$0	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$4,000	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$4,000	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$87,077	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$87,077	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$24,131	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$9,580	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$2,551	TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$170,981	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$101,954	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$54,225	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,670,563	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,670,563	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,841,544	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$101,954	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$1,724,788	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$1,140,450	ExcessRevenueOverExpensesAmt
Net Investment Income	$599,140	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$576,596	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$1,077,101	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$1,077,101	SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY	$2,780,340	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$3,043,737	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$3,185,099	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$14,311,623	CorporateStockBOYAmt
Corporate Stock EOY	$15,169,674	CorporateStockEOYAmt
Corporate Stock EOYFMV	$16,866,395	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$5,913,565	CorporateBondsBOYAmt
Corporate Bonds EOY	$3,207,189	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$3,335,503	CorporateBondsEOYFMVAmt
Invst Land Cost Or Other Basis	$1,835,500	InvstLandCostOrOtherBasisAmt
Land Bldg Investments BOY	$1,827,000	LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY	$1,835,500	LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV	$1,835,500	LandBldgInvestmentsEOYFMVAmt
Other Investments BOY	$902,561	OtherInvestmentsBOYAmt
Other Investments EOY	$1,172,950	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$873,270	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$5,000	OtherAssetsBOYAmt
Other Assets EOY	$0	OtherAssetsEOYAmt
Other Assets EOYFMV	$0	OtherAssetsEOYFMVAmt
Total Assets BOY	$26,316,685	TotalAssetsBOYAmt
Total Assets EOY	$25,506,151	TotalAssetsEOYAmt
Total Assets EOYFMV	$27,172,868	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$0	OtherLiabilitiesBOYAmt
Other Liabilities EOY	-$260	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	-$260	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$0	CapitalStockBOYAmt
Capital Stock EOY	$0	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$26,316,685	RetainedEarningBOYAmt
Retained Earning EOY	$25,506,411	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$26,316,685	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$25,506,411	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$26,316,685	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$25,506,151	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$26,316,685	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$1,140,450	ExcessRevenueOverExpensesAmt
Other Increases	$330,176	OtherIncreasesAmt
Subtotal	$25,506,411	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$25,506,411	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (32 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
BOEING CO	P	2019-09-12	2020-04-21	$230,055	$253,314	-$23,259	-$23,259
VIRTUS SEIX US GOV SEC ULTRA	P	2019-01-31	2019-09-11	$150,150	$150,000	$150	$150
AMERICAN HONDA MTN	P	2015-05-11	2020-03-13	$500,000	$500,000	$0	$0
FHLB DEB 1.75%	P	2015-05-13	2020-06-12	$500,000	$500,000	$0	$0
ISHARES MSCI EAFE	P	2014-09-30	2019-10-01	$278,919	$277,249	$1,670	$1,670
ISHARES RUSSELL 2000 INDEX	P	2014-09-30	2019-08-05	$58,650	$43,483	$15,167	$15,167
ISHARES RUSSELL 2000 INDEX	P	2014-09-30	2019-09-23	$100,140	$70,605	$29,535	$29,535
ISHARES FLOATING RATE BOND FD	P	2018-02-26	2019-10-16	$249,816	$250,549	-$733	-$733
ISHARES FLOATING RATE BOND FD	P	2018-09-07	2019-10-23	$299,891	$300,369	-$478	-$478
ISHARES FLOATING RATE BOND FD	P	2018-09-07	2019-12-19	$128,927	$129,326	-$399	-$399
ISHARES FLOATING RATE BOND FD	P	2018-10-01	2020-03-25	$324,786	$346,029	-$21,243	-$21,243
ISHARES FLOATING RATE BOND FD	P	2017-04-07	2020-04-29	$299,992	$305,912	-$5,920	-$5,920
ISHARES FLOATING RATE BOND FD	P	2017-04-07	2020-06-04	$411,880	$416,293	-$4,413	-$4,413
ISHARES FLOATING RATE BOND FD	P	2018-07-26	2019-08-21	$227,181	$228,236	-$1,055	-$1,055
ISHARES FLOATING RATE BOND FD	P	2018-02-28	2019-08-05	$249,798	$251,215	-$1,417	-$1,417
ISHARES FLOATING RATE BOND FD	P	2018-07-26	2019-09-17	$389,656	$391,111	-$1,455	-$1,455
ISHARES FLOATING RATE BOND FD	P	2018-02-22	2019-09-20	$249,819	$250,548	-$729	-$729
ISHARES FLOATING RATE BOND FD	P	2018-07-26	2019-09-03	$249,832	$251,213	-$1,381	-$1,381
JOHNSON & JOHNSON	P	2016-05-10	2020-01-08	$204,232	$160,259	$43,973	$43,973
JUPITER NETWORKS INC	P	2015-05-27	2019-08-21	$125,382	$149,485	-$24,103	-$24,103
LAUDER ESTEE COS	P	2016-03-01	2020-06-05	$222,701	$101,805	$120,896	$120,896
NUVEEN REAL ESTATE SECS I	P	2015-05-11	2020-02-12	$124,635	$135,448	-$10,813	-$10,813
OTIS WORLDWIDE CORP	P	2014-09-30	2020-05-14	$47,263	$54,921	-$7,658	-$7,658
RAYTHEON TECH CORP	P	2017-06-13	2020-04-27	$50	$55	-$5	-$5
SCHLUMBERGER LTD	P	2014-09-30	2020-01-08	$39,560	$101,918	-$62,358	-$62,358
VIRTUS SEIX US GOV SEC ULTRA	P	2016-03-30	2019-09-11	$599,634	$602,029	-$2,395	-$2,395
WELLS FARGO CO	P	2015-05-11	2019-08-21	$44,915	$55,680	-$10,765	-$10,765
WYNDHAM WORLDWIDE CORP	P	2014-10-02	2020-05-14	$66,698	$111,212	-$44,514	-$44,514
ROYAL CARIBBEAN CRUISES LTD	P	2015-12-10	2019-10-01	$52,324	$47,245	$5,079	$5,079
ISHARES FLOATING RATE BOND FD	P	2018-10-12	2020-01-08	$8,964	$8,974	-$10	-$10
SEC LITIGATION-AMGEN INC	P		2019-10-24	$259		$259	$259
CAPITAL GAINS DIVIDENDS	P			$48,151		$48,151	$48,151

Field	Value	IRS element (for citing)
Capital Gain Net Income	$39,777	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$2,179,836	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$28,660,489	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.076057	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$2,257,573	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$29,993,788	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.075268	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$1,452,417	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$28,692,475	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.050620	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$1,407,015	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$28,052,526	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.050156	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$1,550,549	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$15,783,471	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.098239	DistributionYr5Rt
Total Distribution	0.350340	TotalDistributionRt
Average Distribution	0.070068	AverageDistributionRt
Net Vl Noncharitable Assets	$27,695,473	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$1,940,566	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$5,991	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$1,946,557	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$1,724,788	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$11,983	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$11,983	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$11,983	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$12,000	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$12,000	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$17	OverpaymentAmt
Applied To ES Tax	$17	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	IA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	RICHARD W GEORGE	IndividualWithBooksNm
Phone	3194994201	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 236	AddressLine1Txt
City	MOUNT VERNON	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	52314	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	Yes (1)	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (1)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	0	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	Yes (1)	BusinessHoldingsInd
Excess Business Holdings	0	ExcessBusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
RICHARD W GEORGE
PO BOX 236	MOUNT VERNON	IA	52314	EXECUTIVE DIRECTOR	10.00	$37,050	$15,921	$0
SUSAN H MCCURRY
4101 GULF SHORE BLVD N PH3	NAPLES	FL	34103	PRESIDENT & DIRECTOR	0.25	$0	$0	$0
RONALD W HOLDEN
209 COMMODORE DRIVE	JUPITER	FL	33477	VICE PRESIDENT & DIRECTOR	0.25	$0	$0	$0
CURTIS L BLYTHE
2543 Q BLVD	WILLIAMSBURG	IA	52361	SEC/TREAS & DIRECTOR	0.25	$0	$0	$0
MARY A BLYTHE
2543 Q BLVD	WILLIAMSBURG	IA	52361	DIRECTOR	0.25	$0	$0	$0
ARLENE HOLDEN
209 COMMODORE DRIVE	JUPITER	FL	33477	DIRECTOR	0.25	$0	$0	$0
KAROL A HOLDEN
14439 BELLVISTA DR	RANCHO SANTA FE	CA	92067	VICE PRESIDENT & DIRECTOR	0.25	$0	$0	$0
DAVID G MCCURRY
4101 GULF SHORE BLVD N PH3	NAPLES	FL	34103	DIRECTOR	0.25	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	US BANK	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1555 N RIVERCENTER DR SUITE 300	AddressLine1Txt
City	MILWAUKEE	CityNm
State Abbreviation	WI	StateAbbreviationCd
ZIP	53212	ZIPCd

Field	Value	IRS element (for citing)
Service Type	INVESTMENT ADVISORY	ServiceTypeTxt
Compensation	$87,077	CompensationAmt

Field	Value	IRS element (for citing)
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$26,279,005	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$2,726	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$1,835,500	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$28,117,231	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$28,117,231	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$421,758	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$27,695,473	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,384,774	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,384,774	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$11,983	TaxBasedOnInvestmentIncomeAmt
Total Tax	$11,983	TotalTaxAmt
Distributable Before Adj	$1,372,791	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$1,372,791	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$1,372,791	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,724,788	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$1,724,788	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$1,724,788	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,372,791	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$767,102	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$12,871	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$29,481	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$772,654	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$760,076	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$2,342,184	TotalExcessDistributionCyovAmt
Qualifying Distributions	$1,724,788	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$1,372,791	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$351,997	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$2,694,181	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$767,102	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$1,927,079	ExcessDistriCyovToNextYrAmt
Excess From Year4	$12,871	ExcessFromYear4Amt
Excess From Year3	$29,481	ExcessFromYear3Amt
Excess From Year2	$772,654	ExcessFromYear2Amt
Excess From Year1	$760,076	ExcessFromYear1Amt
Excess From Current Year	$351,997	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	SUSAN H MCCURRY	ContributingManagerNm
Contributing Manager	RONALD W HOLDEN	ContributingManagerNm
Contributing Manager	CURTIS L BLYTHE	ContributingManagerNm
Contributing Manager	MARY A BLYTHE	ContributingManagerNm
Contributing Manager	ARLENE HOLDEN	ContributingManagerNm
Contributing Manager	KAROL A HOLDEN	ContributingManagerNm
Contributing Manager	DAVID G MCCURRY	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
GRINNELL COLLEGE
2108 OLD GLOVE FACTORY	GRINNELL	IA	501121690	NONE	PC	FUNDING OF A GLOBAL LEARNING PROGRAM FOR GRINNELL STUDENTS	$239,996
UNIVERSITY OF IOWA FOUNDATION
1 WEST PARK ROAD	IOWA CITY	IA	52242	NONE	PC	FUNDING OF COMPREHENSIVE CANCER TREATMENT	$497,667
WILLIAMSBURG IOWA HISTORICAL SOCIETY
PO BOX 1091	WILLIAMSBURG	IA	52361	NONE	PC	REHABILITATION OF HISTORICAL BUILDINGS & MAINTENANCE OF HISTORICAL SOCIETY COLLECTION	$932,900

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,670,563	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$616,317	ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

Field	Value	IRS element (for citing)
Exclusion	16	ExclusionCd
Exclusion	$39,554	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$39,777	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$695,648	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$695,648	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$4,000	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$4,000	DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (13 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
JOHN DEERE CAPITAL CORP 07/12/21	$255,354	$258,908
INTEL CORP 10/01/21	$253,420	$259,518
PEPSICO 03/01/23	$251,228	$265,432
BANK OF NOVA SCOTIA 07/21/21	$251,444	$256,428
ROYAL BANK OF CANADA 04/09/22	$251,461	$260,257
SIMON PROPERTY GROUP 10/01/24	$257,187	$268,942
PURCHASED INTEREST-CORP BONDS	$1,661	$0
WESTPAC BANKING CORP 02/19/25	$257,753	$265,363
BANK OF NY MELLON 02/24/25	$260,690	$273,532
APPLE INC 08/04/26	$253,503	$271,625
ISHARES CORE US AGG BOND FD	$400,212	$404,160
IBM CORP 05/15/26	$260,831	$280,918
ORACLE CORP 07/15/26	$252,445	$270,420

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (45 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
CATERPILLAR INC	$189,220	$253,000
CHEVRON CORPORATION	$358,685	$267,690
COCA COLA COMPANY	$440,122	$446,800
WALT DISNEY CO	$307,215	$334,530
EOG RES INC	$172,830	$91,188
EMERSON ELECTRIC	$194,555	$192,293
INTEL CORP	$173,265	$299,150
INTERNATIONAL PAPER CO	$191,614	$140,840
ISHARES RUSSELL 2000 INDEX	$917,646	$1,196,555
JP MORGAN CHASE	$228,773	$282,180
MARATHON PETROLEUM CORP	$197,350	$179,424
MASTERCARD INC	$243,451	$591,400
MCKESSON CORPORATION	$254,290	$191,775
MICROSOFT CORP	$115,746	$407,020
MORGAN STANLEY	$212,665	$289,800
QUALCOMM INC	$376,660	$456,050
STATE STR CORP	$250,365	$203,360
VALERO ENERGY CORP	$279,083	$235,280
VERIZON COMMUNICATIONS	$195,546	$215,007
WELLS FARGO CO	$209,252	$102,400
ISHARES MSCI EAFE ETF	$1,074,154	$1,019,025
ROYAL CARIBBEAN CRUISES LTD	$204,861	$150,900
SCHLUMBERGER LTD	$142,109	$36,780
ISHARES MSCI EMERGING MARKETS	$1,350,579	$1,296,396
CISCO SYSTEMS	$162,082	$209,880
JOHNSON & JOHNSON	$384,258	$492,205
ORACLE CORPORATION	$401,290	$552,700
PROCTOR & GAMBLE	$243,391	$358,710
UPS	$310,933	$333,540
COSTCO WHSL CORP	$534,270	$909,630
SPDR S&P MIDCAP 400	$1,902,900	$1,896,644
COMCAST CORP CL A	$117,885	$116,940
MT BANK CORP	$166,747	$103,970
NIKE INC	$170,339	$196,100
WENDYS CO	$160,298	$196,020
AMAZON INC	$228,687	$344,852
APPLE INC	$328,745	$547,200
BRISTOL MYERS SQUIBB CO	$272,353	$294,000
DUKE ENERGY HOLDING CO	$414,723	$439,395
GENERAL MILLS INC	$150,506	$154,125
KEYCORP	$256,685	$158,340
MCDONALDS CORP	$215,230	$184,470
SALESFORCE COM INC	$147,731	$187,330
RAYTHEON TECH CORP	$283,955	$267,061
CARRIER GLOBAL CORPORATION	$36,630	$44,440

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$3,043,737	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$3,185,099	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$0	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$0	StateLocalSecEOYFMVAmt

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp

Field	Value	IRS element (for citing)
Category Or Item	APPANOOSE COUNTY IOWA FARMLAND	CategoryOrItemTxt
Cost Or Other Basis	$1,835,500	CostOrOtherBasisAmt
Accumulated Depreciation	$0	AccumulatedDepreciationAmt
Book Value	$1,835,500	BookValueAmt
EOYFMV	$1,835,500	EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
NUVEEN REAL ESTATE SECS I	AT COST	$767,113	$567,525
SCHWAB US REIT	AT COST	$405,837	$305,745

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$2,802	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	LAWSUIT-BOND POSTED	Desc
BOY Book Value	$5,000	BOYBookValueAmt
EOY Book Value	$0	EOYBookValueAmt
EOYFMV	$0	EOYFMVAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	GAIN NOT RECOGNIZED ON DISTRIBUTIONS OF APPRECIATED STOCK	Desc
Amt	$330,176	Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	ACCRUED PAYROLL TAX	Desc
BOY Book Value	$0	BOYBookValueAmt
EOY Book Value	-$260	EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	INVESTMENT MANAGEMENT FEES	CategoryTxt
Amt	$87,077	Amt
Net Investment Income	$87,077	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FICA TAX	$2,834	$283	$2,551
FOREIGN TAX	$3,851	$3,851	$0
FORM 990 PF EXCISE TAX	$12,000	$0	$0
REAL ESTATE TAX	$5,446	$5,446	$0